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Jan 29, 2013
01/13
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> they have to pay back taxes, they have to learn english, they have to be able to understand and study our history, they have to get in line behind everyone else. they would be granted legal status but they get behind everyone else who has waited legally for a green card status. liz: senator john mccain defending a bipartisan bill to o give 11 million illegal immigrants in the u.s. a path to citizenship, but texas republican congressman says this plan sounds a whole lot like amnesty. you don't like this bill. why? >> this is a plan we saw several years ago with the same individuals involved, so no surprise. they favored amnesty before, and they favored amnesty now. says quite frankly it will save taxpayers billions of dollars because they will have to fit the bill going to be benefits going to these. it will cost american worker thousands of jo
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> they have to pay back taxes, they have to learn english, they have to be able to understand and study our history, they have to get in line behind everyone else. they would be granted legal status but they get behind everyone else who has waited legally for a green card status. liz: senator john mccain...
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Jan 29, 2013
01/13
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raising taxes when he said no new taxes. it is a shame for his legacy, but can anybody conceivably in this environment say we have to raise taxes on the middle class if they're in elected office? >> the reality is the present tax code is a disaster. yes, you can raise tax revenue and you can get people behind it if indeed you do it by saying let's scrap huge chunks of the present tax code that make no sense in going the direction of a tax code that is competitive to the rest of the world the tax court hurts us, and frankly will bring down what i call the compliance tax. how many people do their own taxes now and pay millions if not billions of dollars in the country as a whole to get somebody else to figure this thing out. i would pay a higher rate if i knew i didn't have to pay the extra $2000 cut $2500 per year to the accountant to tell me what its supposed to be. it is a serious one. liz: texas have made more liars than a golf hats, but if you're going to do tax reform it took years, you have to start it now, right? >> ra
raising taxes when he said no new taxes. it is a shame for his legacy, but can anybody conceivably in this environment say we have to raise taxes on the middle class if they're in elected office? >> the reality is the present tax code is a disaster. yes, you can raise tax revenue and you can get people behind it if indeed you do it by saying let's scrap huge chunks of the present tax code that make no sense in going the direction of a tax code that is competitive to the rest of the world...
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Jan 28, 2013
01/13
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with high income taxes. who else who is famous lived in illinois? that's scott, and he joins us now from chicago. your state has just been downgraded, illinois, and the city of chicago is going to get bailed out with its health problems by the federal government, and you have high taxes. can i count on you to move, scott? >> well, that depends on where this big building goes. if there's a place where we don't have the issues, the cme would move, and i would move with it. we have a history of making bad business decisions in illinois. we sold the parking meter rights, and weave given away cash flows for 20 years on out. this is no surprise, and it's the worst in the union now, and it's not better because we're on a negative watch as well again. where we go from here is we have to see a massive exodus of people like myself or anybody get behind this. we're in trouble. are you or anyone else in illinois going to do a mike dirk mickelson or sarkozy in do you see a lot of tax refugees pouring out of illinois, you
with high income taxes. who else who is famous lived in illinois? that's scott, and he joins us now from chicago. your state has just been downgraded, illinois, and the city of chicago is going to get bailed out with its health problems by the federal government, and you have high taxes. can i count on you to move, scott? >> well, that depends on where this big building goes. if there's a place where we don't have the issues, the cme would move, and i would move with it. we have a history...
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Jan 24, 2013
01/13
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to give me started on your carbon taxes. a huge source of revenue. in the -- in his course of life, he spent years railing against the oil companies, and he just sold out. melissa: i feel like michael blumberg was behind this. melissa: i bet both of them. so this was interesting. apparently the italian mafia is infiltrating the renewable energy businesses the government offers billions in subsidies for wind and solar development. crime families are reporting land and then pressuring the owners to sell or offering long-term leases. and local officials are bribes. obviously, to expedite the approval. officials have enough clothes and more than $2 billion in assets and arrested some of the key players. i don't know. it seems like this is a perfect fit. the mafia and green energy. >> money and fraud. they get together. >> follow the "money". a lot of money in green energy. so they're going to. this is an opportunity. >> why do you rob banks? this is where the money is. that's why al gore and the others. the source of all our problems. >> allowing greed.
to give me started on your carbon taxes. a huge source of revenue. in the -- in his course of life, he spent years railing against the oil companies, and he just sold out. melissa: i feel like michael blumberg was behind this. melissa: i bet both of them. so this was interesting. apparently the italian mafia is infiltrating the renewable energy businesses the government offers billions in subsidies for wind and solar development. crime families are reporting land and then pressuring the owners...
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Jan 30, 2013
01/13
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we have seen tax refugees from income taxes. are we now going to see death tax refugees? we must, i guess? liz: yeah i mean they get you coming and going. when one state does it, the others copy cat it. the worst states to die in are new jersey and maryland, federal state, and inheritance tax assessed against your heirs. stuart: no income tax in florida or estate tax in florida as well. that's very important. charles: that's why the villages is more like a mini city. people are flocking down there. you don't work your whole life to give the money to the government, after you have already given half of it. stuart: the highlight reel is next. to generate income? with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity option.. evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now ge
we have seen tax refugees from income taxes. are we now going to see death tax refugees? we must, i guess? liz: yeah i mean they get you coming and going. when one state does it, the others copy cat it. the worst states to die in are new jersey and maryland, federal state, and inheritance tax assessed against your heirs. stuart: no income tax in florida or estate tax in florida as well. that's very important. charles: that's why the villages is more like a mini city. people are flocking down...
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Jan 30, 2013
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gerri: officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. that your mouth is under attack, from food particles and bacteria. try fixodent. it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. for their annual football trip. that's double miles you can actually use. tragically, their ddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. ♪ gerri: heads up, small business hours. today's to pile your paperwork for the irs or you face a $500,000 fine. is bosnia weight. what is the deadline for filing your to 99? we're covering your assets. managing director for wealth health. you missed this. >> two more days. d
gerri: officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. that your mouth is under attack, from food particles and bacteria. try fixodent. it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. for their annual football trip. that's double miles you can actually use. tragically, their ddy...
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Jan 30, 2013
01/13
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we wish you officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax.
we wish you officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax.
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Jan 29, 2013
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...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ melissa: small business owners breathing a sigh of relief these days. small business index shows they are more optimistic now compared to last november. in part because the nerve-racking dexter negotiations are in the rearview mirror. what kind of hiring expansion might be seeing in the near future is our small-business roundtable. ceo of working solutions. welcome back the show, everyone. i read this survey this morning and immediately my wisdom came out. skepticism i should say. hard for me to say you are clicking her heels, everything is going great. you feel really optimistic? >> i think there is natural optimism after the fiscal cliff negotiations but don't think it is a drastic improvement from where it was a few months ago by any stretch of the imagination. >> the past four weeks have been great to have a feeling a coue feel it again.
...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ melissa: small business owners breathing a sigh of relief these days. small business index shows they are more optimistic now compared to last november. in part because the nerve-racking dexter negotiations are in the rearview mirror. what kind of hiring expansion might be seeing in the near future is our small-business roundtable. ceo of...
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Jan 24, 2013
01/13
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now stores will be allowed to pass the extra cost on the you, like a tax. up to 4 percent of the total cost of whenever you're buying. with us now, consumer education president, smart credit dot com. the president of optimum capital management. great to have you both year. al start with you. what do you make of this? >> this is really bad news for consumers. we are already getting nickel-and-dimed to death, and we are about to get even worse. essentially, the fee that the market had -- merchant has to pay to exit the credit card, cone -- commonly called a slight fee, in the past they have not been able to charge a line-item extra cost to the consumer to cover that. starting this sunday will be allowed to. that is the bad news. they have already baked in that she in the price of the merchandise the you're buying. so now not only unable to charge a fee on top of what you're already purchasing, but essentially paying the fee to times over, and those of us to pay cash are really getting screwed because we're still paying the fee for people using credit cards. g
now stores will be allowed to pass the extra cost on the you, like a tax. up to 4 percent of the total cost of whenever you're buying. with us now, consumer education president, smart credit dot com. the president of optimum capital management. great to have you both year. al start with you. what do you make of this? >> this is really bad news for consumers. we are already getting nickel-and-dimed to death, and we are about to get even worse. essentially, the fee that the market had --...
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Jan 28, 2013
01/13
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raising taxes now that the marginal tax rate is topping up 13.3% for the richest californians there: accountants in droves finding ways to move their money and we are looking at unfunded pension liability maybe not as bad off, but $181 billion? melissa: i love you, jonathan, but he was so entertaining. going on to say they believe legislative consensus will be difficult to achieve given the poor track record of the past two years. in other words, may have the ability to tax until kingdom come but i don't think they will reform the pension, which they raised taxes in the past and they didn't spend the money to fix the problem. they just spend it. jonathan: you hit the nail on the head. there is corporate taxes and the net result has been a mass exodus of not only companies but also individuals. they believe in the state an average of one every 10 minutes with a direct result of the taxes and regulations of course higher taxes you expect to fix the problem inevitably shoot yourself in the foot even more. melissa: when is the come to jesus moment that they said they're in a say oh, no,
raising taxes now that the marginal tax rate is topping up 13.3% for the richest californians there: accountants in droves finding ways to move their money and we are looking at unfunded pension liability maybe not as bad off, but $181 billion? melissa: i love you, jonathan, but he was so entertaining. going on to say they believe legislative consensus will be difficult to achieve given the poor track record of the past two years. in other words, may have the ability to tax until kingdom come...
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Jan 24, 2013
01/13
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i'm going to put the push on to get rid of a corporate tax or personal income tax and maybe to people who are very sensitive and are so wealthy they have the power to move, i can attract them to my state. we're seeing it in places like nebraska and louisiana piling on. this is an opportunity? >> governor perry in texas is famous going on hunting trips to california where he visits ceos. melissa: right. >> gives them a cell phone. here is my personal number. call me anytime. tell me what i can do to attract you to texas. we have several states with offices set up in california because we're so vulnerable here. hundreds of companies leave every year. you make a good point about phil mickelson has options. so do a lot of companies. they can go elsewhere and do out of california. melissa: is that story about governor perry true? i heard that before. do governors have hair their own cell phone? >> he does. literally gives cell phone, has one number programmed. call me anytime. tell me what i can do. our leaders are not doing that, they're dismissive about companies leaving. they say it is
i'm going to put the push on to get rid of a corporate tax or personal income tax and maybe to people who are very sensitive and are so wealthy they have the power to move, i can attract them to my state. we're seeing it in places like nebraska and louisiana piling on. this is an opportunity? >> governor perry in texas is famous going on hunting trips to california where he visits ceos. melissa: right. >> gives them a cell phone. here is my personal number. call me anytime. tell me...
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Jan 31, 2013
01/13
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payroll tax cuts, tax hike rather this payroll tax cut has really affected consumer confidence. >> thank you guys. the one i am lori rothman, it the one i am lori rothman, it has been a pleasure sitt [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ ale announcer ] just like you, business pro. just like you. go naonal. go like a pro. just like you. (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everi'm with scottrade. me. (announcer) scottrade. awarded five-stars from smartmoney magazine. making the big romantic gesture. that's p
payroll tax cuts, tax hike rather this payroll tax cut has really affected consumer confidence. >> thank you guys. the one i am lori rothman, it the one i am lori rothman, it has been a pleasure sitt [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or...
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Jan 31, 2013
01/13
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payroll tax cuts, tax hike rather this payroll tax cut has really affected consumer confidence. >> thank you guys. the one i am lori rothman, it has been a pleasure sitting in for lou dobbs. you can check us out online. good night from new york. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. ♪
payroll tax cuts, tax hike rather this payroll tax cut has really affected consumer confidence. >> thank you guys. the one i am lori rothman, it has been a pleasure sitting in for lou dobbs. you can check us out online. good night from new york. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet......
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he's raised taxes. we will see what the result is, but, again, we have empirical evidence all over the place that it ends in disaster. charles: what's interesting is the golden age of california was revitalized with the tax revolt. you know, 79-80, and that brought back prosperity to them, and back full circle, again, doing these -- prop 30 is crazy. by the way, people think, oh, california, just taxing the rich. if you make more than $48,000, you pay 9%. that's crazy. that's e enormous. >> out of control. illinois has big, big problems. couldn't float debt this week because they were downgraded. if you want to see the future of this country? look at california, look at illinois. we are walking down that path. charles: gerri, you studied this stuff. false assumptions they make, when the money doesn't come in, what's the next move? >> here's what i think. places like california and illinois turn to the federal government and say, hey, taxpayer, hey american taxpayer, pony up because we can't pay our bill
he's raised taxes. we will see what the result is, but, again, we have empirical evidence all over the place that it ends in disaster. charles: what's interesting is the golden age of california was revitalized with the tax revolt. you know, 79-80, and that brought back prosperity to them, and back full circle, again, doing these -- prop 30 is crazy. by the way, people think, oh, california, just taxing the rich. if you make more than $48,000, you pay 9%. that's crazy. that's e enormous....
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Jan 29, 2013
01/13
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in fact a lot of people were concerned, joe, with this new tax, they have to add on the 7% tax, it adds up to 9% in some cases in california. these huge new sales taxes that the internet used to be able to avoid, they can't avoid it all over the place now. certain states it does kick in, that didn't seem to hurt sales too much. kind of surprising. >> i live in illinois. i live in chicago that's one of them. >> we have taxes in this town. this is nothing. the expectations are built in. not like we didn't know about this. that is like the general market. we see the things out in the forefront. investors and traders are not reacting like they normally would when they see the top line and follow-up data. they're looking at the stock. looking at what could potentially happen. i think this is priced in. david: joe, thanks. we'll see you in a couple of minutes when the s&p futures close. thanks. liz: well at this year's consumer electronics show you know we tried our absolute darnedest to break corning's new gorilla glass. they keep reinventing it. i was jump all over the thing of the the tenn
in fact a lot of people were concerned, joe, with this new tax, they have to add on the 7% tax, it adds up to 9% in some cases in california. these huge new sales taxes that the internet used to be able to avoid, they can't avoid it all over the place now. certain states it does kick in, that didn't seem to hurt sales too much. kind of surprising. >> i live in illinois. i live in chicago that's one of them. >> we have taxes in this town. this is nothing. the expectations are built...
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Jan 24, 2013
01/13
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>> you know, everybody knows that taxes in california are high. but i can tell you, it's a great place to run a business for us. it is the health and wellness mecca of the world. and the clientele, that you can get. and team you can build is fantastic. but i contribute our growth to the fact that we're unique. we're unique in the marketplace because we're the only bar that has we'reo gram zugo, -- zero gram zug
>> you know, everybody knows that taxes in california are high. but i can tell you, it's a great place to run a business for us. it is the health and wellness mecca of the world. and the clientele, that you can get. and team you can build is fantastic. but i contribute our growth to the fact that we're unique. we're unique in the marketplace because we're the only bar that has we'reo gram zugo, -- zero gram zug
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Jan 29, 2013
01/13
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it is not just the taxes. i don't want a state that takes everything off me and gives me traffic jams and regulations and climate control policies and all the rest of it. >> and tell you what to do, what you can and cannot do. new york, california, these places people are going and realize they cannot even be myself and make my own decisions. i am going to florida. stuart: jerry brown wants to pass a bill, or the legislature does, that will exempt thousands of public sector workers from any kind of pension rollback. are you familiar with this? >> no, i am not. stuart: a proposal to roll back pensions in the public sector. the legislature says no, you can't do that, absolutely not california's budget is still in a mess, i think. >> right now they haven't had any constructional reform, which is what they need. especially on the local level. right now what they're really wanting to do is bail out the local cities going bankrupt. stuart: would you ever go back to california? >> for vacation. stuart: well said. tha
it is not just the taxes. i don't want a state that takes everything off me and gives me traffic jams and regulations and climate control policies and all the rest of it. >> and tell you what to do, what you can and cannot do. new york, california, these places people are going and realize they cannot even be myself and make my own decisions. i am going to florida. stuart: jerry brown wants to pass a bill, or the legislature does, that will exempt thousands of public sector workers from...
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tax burden. also looking at other companies that you like besides exxon mobile, and i want to get these out. you like allstate insurance, new york mellon the bank, financial industrials tell us something you have favored. financials, first of the year find of a sudden death of the year. >> said think we're going to start to see it play out that these this financial's don't do a lot of lending and insurance companies. you know, the big banks, they have gotten ahead of themselves. i am not a big fan right now. financials, the sectors will have the best earnings growth of any sector. cheryl: we discussed all the earnings. they said a very strong. but at the same time, you get, again, bank of america. there seems to be this crazy split between good banks and bad banks from a stock perspective. >> that is one reason that makes the big banks a bit risky to invest in big is the stock prices have all run up, but if you have any consistency in the margins and the inconsistency. just the voluminous disclos
tax burden. also looking at other companies that you like besides exxon mobile, and i want to get these out. you like allstate insurance, new york mellon the bank, financial industrials tell us something you have favored. financials, first of the year find of a sudden death of the year. >> said think we're going to start to see it play out that these this financial's don't do a lot of lending and insurance companies. you know, the big banks, they have gotten ahead of themselves. i am not...
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Jan 25, 2013
01/13
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income and moving towards taxing consumption from income-tax is to sales taxes. related story. governor brownback of kansas wants to eliminate his state's income tax, he joins the governors of four this state which are considering the same thing. where does phil mickelson coming to this? in two ways. he wants to move out of california. he is free to live wherever he wants and preferred lower taxes. why not? that is why states like kansas, florida, texas are competing for tax refugees. the phil mickelsons of this world are driving the tax debate. phil mickelson objects to a 63% tax rate. who wouldn't? when this tax become legalized theft? this is a moral question as well as financial. here you have a sports guy driving a moral and financial tax debate. is not going away either. the president wants to raise taxes even more and we will soon see the impact of that disaster known as obamacare. bring on the debate. do you think 63% is a fair share for the government? do you think any american should be cowed into living where the government can tax them most? i know wh
income and moving towards taxing consumption from income-tax is to sales taxes. related story. governor brownback of kansas wants to eliminate his state's income tax, he joins the governors of four this state which are considering the same thing. where does phil mickelson coming to this? in two ways. he wants to move out of california. he is free to live wherever he wants and preferred lower taxes. why not? that is why states like kansas, florida, texas are competing for tax refugees. the phil...
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Jan 30, 2013
01/13
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. tracy: half past the hour, let's take a look at the dow 30. boeing up top trying to figure it all out. exxonmobil at the bottom right now. as is cisco systems and 3m. the tech companies having issues today. that's the floor of the new york stock exchange. nicole, you are one with us during the whole thing. love to hear his thoughts on all of this because the market took it in stride, moved a little, not a whole lot of movement. nicole: ben willis can break it down little bit for us. you're right, we didn't move around a whole lot. what we do make of the fed comments? >> not a lot. you will look at something to pick out of the headlines it would be the slowdown in growth. that is a pretty important story. the world growth we have seen not significant, not what we needed to see. the fact it is now slowing down is not a good sign. nicole: household
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. tracy: half past the hour, let's take a look at the dow 30. boeing up top trying to figure it all out. exxonmobil at the bottom right now. as is cisco systems and 3m. the tech companies having issues today. that's the floor of the new york stock exchange. nicole, you are one with us during the whole...
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Jan 31, 2013
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i think the increased spending and increased taxing approach to our fiscal crisis is wrong. we need to focus on the fact that the problem is in the spending and we need to deal with the entire budget and everything needs to be on the table including medicare, medicaid and the entitlement programs as well as revenue. i am sure you know i am a strong advocate for broadbased program something similar to what the bowles-simpson commission put out but i want to see a commission to a pro-growth agenda too, the kind of reform of our tax code that will make it so we don't have the most unfair, complex, expensive to comply with and anti-competitive tax code we could conceivably come up with. those reforms are what i'm looking for in terms of the leadership of the treasury. rich: thanks for joining us. we will be with you every step of the way on all these important issues. dennis: thank you, peter barnes and senator mike crapo. cheryl: from washington to new york the dow continues to not get close to the 14,000 mark. the dow and the s&p seems to be hitting tough technical levels, una
i think the increased spending and increased taxing approach to our fiscal crisis is wrong. we need to focus on the fact that the problem is in the spending and we need to deal with the entire budget and everything needs to be on the table including medicare, medicaid and the entitlement programs as well as revenue. i am sure you know i am a strong advocate for broadbased program something similar to what the bowles-simpson commission put out but i want to see a commission to a pro-growth...
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Jan 31, 2013
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it has dramatically raised taxes and it still cannot pay. the big failure is with pension reform. the unions have blocked it insisting that all the promises made in the past must be paid in full. now, they try to borrow and they can't. at least not at an affordable interest rate. so they are stuck. they are in crisis. we've said many times on this program that what illinois really wants, what it says -- really looking for it is an obama bailout. they want a pay off for voting heavily for the president's reelection. will they get it? more importantly are you in texas, new jersey and all over the country, are you prepared to give them your money? stuart: let's get right at it. illinois at a stand still. they can't borrow money. it is a crisis. wgn radio host is our person in illinois and she joins us now. yesterday they were trying to issue a bond, trying to raise 500 million dollars. they had to cancel it because the interest they would have to pay would just -- they couldn't afford it. are they now at a stand still unable to pay bills and they can't borrow? >> well, stuart, you kn
it has dramatically raised taxes and it still cannot pay. the big failure is with pension reform. the unions have blocked it insisting that all the promises made in the past must be paid in full. now, they try to borrow and they can't. at least not at an affordable interest rate. so they are stuck. they are in crisis. we've said many times on this program that what illinois really wants, what it says -- really looking for it is an obama bailout. they want a pay off for voting heavily for the...
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ashley: that's right. >> moving tax rates, capital gains and dividend taxes from 15 to 24%, and taxing the rich is not a pro-growth policy. ashley: have to leave it right there. ed lazear, thanks so much for joining us. really appreciate it. >> thank you. tracy: especially when the rich keep moving. ashley: that's right. good point. tracy: follow the golfers. as we do every 15 minutes we check the markets now. nicole petallides on the floor of the stock exchange. good day for the drugmakers, huh, nicole? >> it is. look at some names on the move after earnings, latest drugs, clinical trials and mostly good news here, look at bristol-myers up 2 1/2% for bmy. they did beat street expectations. they're posting gains doing very well with that. they settled claims with a interdrug trial subject. they moved along from that. pfizer here at a 52-week high. pfizer shares hitting this multiyear high on the results of several studies. they have done well with treatments for depression, overactive bladder, quitting smoking. biogen i can't leave out doing well. up 1.3% right now. back to you. tracy:
ashley: that's right. >> moving tax rates, capital gains and dividend taxes from 15 to 24%, and taxing the rich is not a pro-growth policy. ashley: have to leave it right there. ed lazear, thanks so much for joining us. really appreciate it. >> thank you. tracy: especially when the rich keep moving. ashley: that's right. good point. tracy: follow the golfers. as we do every 15 minutes we check the markets now. nicole petallides on the floor of the stock exchange. good day for the...
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Jan 24, 2013
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it's just after one month after the largest tax cut in kansas history. critics charge the policies leave many in the state without basic services or proper education. >> they still have good steak. that's good. a good night's sleep is good for business. the results of a new study coming up. >> and the broadcast industry is shedding jobs, but help wanted at the arab tv channel, al jazeera. the details ahead on media minute. >> as we head to break, winners on the nasdaq. as you see, apple is not a winner. bed bath, western digital, and more. we'll be right back. ♪ [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ ale announcer ] just like you, business pro. just like you. go naonal. go like a pro. just like you. i have obligations. cute tobligations, but o
it's just after one month after the largest tax cut in kansas history. critics charge the policies leave many in the state without basic services or proper education. >> they still have good steak. that's good. a good night's sleep is good for business. the results of a new study coming up. >> and the broadcast industry is shedding jobs, but help wanted at the arab tv channel, al jazeera. the details ahead on media minute. >> as we head to break, winners on the nasdaq. as you...
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> at 20 minutes past the hour i'm lauren green with your fox news minute. a section of the mississippi river is closed to traffic as crews clean up a oil leak on sunday. it hit a railroad bridge near vicksburg, mississippi, spreading oily water across part of the waterway. >>> brazilian police arrested three people following the deaths of more than 20 in the nightclub fire in santa maria. the blaze reportedly started when a band member lit a flare on stage causing mass panic. the band's security chief and a member and owner of the kiss nightclub have been brought in for questioning. >>> french and mali troops sealed off timbuktu forcing islamist rebels to flee north. they seized the timbuktu airport as they look for al qaeda linked fighters hiding in the city. the rebels are retreating into the surrounding desert and mountains. those are the hea
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> at 20 minutes past the hour i'm lauren green with your fox news minute. a section of the mississippi river is closed to traffic as crews clean up a oil leak on sunday. it hit a railroad bridge near vicksburg, mississippi, spreading oily water across part of the waterway. >>> brazilian...
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Jan 29, 2013
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payroll taxes went up. maybe they are not as confident as they thought. >> the problem is, we have been to the biggest financial crisis since the great depression. history shows that crises like that, leave lasting scars. it is like the flu, you think you are ready to go back to work and several weeks later, you realize you still do not feel right. the idea that we will be off to the races again just does not sound right. connell: we are a few years out from there. the worst of it was september september 2008. we are a few years out. is it a few more years you are talking about? >> the critical thing is that there is no objective way to forecast. it depends on peoples attitudes. there is a recent paper by gabriel, stuart gabriel, that shows that the home rate is not explained by demographic or economic factors. i think it is because they were burned in this crisis. it just is not coming back. it may take another generation before we get there real enthusiasm back. connell: robert shiller, as always, your in
payroll taxes went up. maybe they are not as confident as they thought. >> the problem is, we have been to the biggest financial crisis since the great depression. history shows that crises like that, leave lasting scars. it is like the flu, you think you are ready to go back to work and several weeks later, you realize you still do not feel right. the idea that we will be off to the races again just does not sound right. connell: we are a few years out from there. the worst of it was...
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Jan 29, 2013
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ashley: is half past the hour. taking a look at the dow 30 right now. we are up 65 points. let's head to the floor of the new york stock exchange where nicole petallides is standing by. nicole: we have watched the markets get closer and closer to 14,000. it has been an exciting time. how do you think you feel traders feel about the fact that we went from 6500 almost back to our all-time high. >> there is a fair amount of interpretation that we are already overextended, overbought. we are sticking up that bullish sentiment in there. if you look at what is happening, we are making higher lows with each day. we have done that with ten sessions. when we pulled back, it is higher each time. i spoke to one guy before i came on the air and he sees no reason why we can't go back to the old high in 2007. nicole: there you have it. everyone was saying that
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ashley: is half past the hour. taking a look at the dow 30 right now. we are up 65 points. let's head to the floor of the new york stock exchange where nicole petallides is standing by. nicole: we have watched the markets get closer and closer to 14,000. it has been an exciting time. how do you think...
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Jan 25, 2013
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he does not want higher tax rates. he wants lower tax rates. charles: he does have a conservative look. it goes against all of your core principles to back president obama. stuart: by the way, thank you liz. now it is time to give it to connell. connell: you did look like you are getting along very, very well. i am connell mcshane. has housing finally turned a corner? that will be our big debate and discussion this morning. jamie dimon says, yes, it is going back up. >> it will not get better in spite of the economy. supply and demand. for household formation. connell: wait a minute, a drop in sales came in. we will sort all this out coming up. and flipping houses and fixing them up. vanilla ice, of all people, is with us during this hour. republicans need to get tougher and cut federal programs. 58% of americans oppose anything happening. we are going to start with the stock market. we have been talking about this. we are up again today with nicole petallides covering it from the new york stock exchange. nicole: it shows you what we are just 3
he does not want higher tax rates. he wants lower tax rates. charles: he does have a conservative look. it goes against all of your core principles to back president obama. stuart: by the way, thank you liz. now it is time to give it to connell. connell: you did look like you are getting along very, very well. i am connell mcshane. has housing finally turned a corner? that will be our big debate and discussion this morning. jamie dimon says, yes, it is going back up. >> it will not get...
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Jan 28, 2013
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up like new york, which has no state income tax, florida has no state income tax, and new york has the second highest rate in the nation passed by alaska. the sunshine state hopes for more new residents so they have an office dedicated to the financial world's biggest names. cheryl: i don't blame them. brazil sidewalks have a new decoration. they have two dimensional bar codes into the sidewalks. the codes, also known as qr codes, installed at 30 different beaches, vistas, and historic sites throughout the country. two million visitors will get information as they walk around. access information like facts and maps by down loading on the smart phone and scan the code. the first installed friday at the massive boulder at the end of a beach. never been there. sound great. i could go right now. thank you very much. i need to go because it's snowing outside. all right. illinois headed for a fiscal dallas. that's the warning from state treasurer. he's joining melissa and lori exclusively. s&p downgraded illinois as the losest -- lowest state. dennis: the new fees you need to know about befo
up like new york, which has no state income tax, florida has no state income tax, and new york has the second highest rate in the nation passed by alaska. the sunshine state hopes for more new residents so they have an office dedicated to the financial world's biggest names. cheryl: i don't blame them. brazil sidewalks have a new decoration. they have two dimensional bar codes into the sidewalks. the codes, also known as qr codes, installed at 30 different beaches, vistas, and historic sites...
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Jan 31, 2013
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companies to avoid taxes on the overseas profits. republicans say serve as nothing more than a political show. >> once in the president could have done instead of wasting so much time blaming others would have been to convey the java council he created a mixed so much fanfare. he is no has not done so for mon a year. rich: the two-year charter now expires. back to you. melissa: breaking news right now, federal judge in iowa has sentenced financial group chairman to 50 years in prison, the maximum term. he attempted suicide last summer outside of peregrine headquarters before regulators learned $200 million in possible funds went missing. russell wasendorf was 64 years old, is 54 years old, pardon me. the twinkie name over $24 million. when they open the bidding for the snack brand, but how high could the bidding go? adam shapiro with more on that. adam: maybe $920 million depending on what the bidders are willing to pay, but apollo global management and they set the floor on what they're willing to pay for hostess brands, wonder brea
companies to avoid taxes on the overseas profits. republicans say serve as nothing more than a political show. >> once in the president could have done instead of wasting so much time blaming others would have been to convey the java council he created a mixed so much fanfare. he is no has not done so for mon a year. rich: the two-year charter now expires. back to you. melissa: breaking news right now, federal judge in iowa has sentenced financial group chairman to 50 years in prison, the...
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Jan 30, 2013
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andrew napolitano talks to us about the tax that taxpayers are staring at after the big bank bailout. take a look at how the guild on the ten year is doing today. the market is flat, but the surgery yield is back above 2%. the local [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ [ male announcer ] to hold a patent that has changed the modern world... would define you as an innovator. to hold more than one patent of this caliber... would define you as a true leader. ♪ to hold over 80,000... well, that would make you... the creators of the 2013 mercedes-benz e-class... quiteossibly the most advanced luxury sedan ever. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. >> i am lori laughlin with your fox business brief. the latest policy meeting is underway. they will stick with its plan of
andrew napolitano talks to us about the tax that taxpayers are staring at after the big bank bailout. take a look at how the guild on the ten year is doing today. the market is flat, but the surgery yield is back above 2%. the local [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all...